USD/CAD holds steady above 1.4250 on tariff and election uncertainty
Portfolio Pulse from
The USD/CAD currency pair remains stable around 1.4275, influenced by upcoming Canadian elections and potential US trade tariffs. Political uncertainty and trade tensions are creating volatility, while rising crude oil prices might provide some support for the Canadian Dollar.
March 25, 2025 | 11:30 pm
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NEUTRAL IMPACT
USD/CAD experiencing neutral trading with competing factors of election uncertainty and potential tariffs against supportive oil prices
The currency pair is directly impacted by political uncertainty, potential trade tariffs, and oil price fluctuations, creating a balanced but volatile environment
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100